Cinese International Group Holdings Limited provided earnings guidance for the year ended 31 December 2023. The board of directors of the Company informed the shareholders of the Company (the "Shareholders") and potential investors that the Group is expected to record a profit before tax of not less than HKD 5.0 million for the year ended 31 December 2023 (2022: loss before tax of HKD 14.9 million). The considerable improvement was mainly driven by an increase in the Group's revenue, by approximately 126.1% or HKD 57.7 million as compared with the previous year.

The increase in revenue was a result of many factors, but it was mainly attributable to (i) the strong recovery of tourism across the Group's key operating regions; and (ii) the Group's business in the Greater Bay Area has started to generate revenue during the Year.